Take-Two (TTWO) legal chief sells 4,419 shares under 10b5-1 plan

Rhea-AI Filing Summary

Take-Two Interactive’s Chief Legal Officer Daniel P. Emerson sold 4,419 shares of common stock on June 16, 2026 in an open-market transaction at $230 per share. The sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on March 3, 2026, indicating it was scheduled in advance. After this sale, Emerson’s reported holdings total 113,988 shares, including 1,040 shares of common stock, 19,736 unvested time-based restricted stock units, and 93,212 unvested performance-based restricted stock units that will vest, or fail to vest, under their award terms.

Insider Trade Summary 10b5-1

Net Seller: 4,419 shares ($1,016,370)

Net Sell 1 txn

Insider Emerson Daniel P

Role Chief Legal Officer

Sold 4,419 shs ($1.02M)

Type	Security	Shares	Price	Value
Sale	Common Stock	4,419	$230.00	$1.02M

Holdings After Transaction: Common Stock — 113,988 shares (Direct, null)

Footnotes (1)

1. Sale of shares pursuant to Rule 10b5-1 trading plan adopted on March 3, 2026. Includes (i) 1,040 shares of Common Stock, (ii) 19,736 unvested time-based restricted stock units and (iii) 93,212 unvested performance-based restricted stock units. Such unvested awards will vest, or fail to vest, in accordance with the terms of the applicable award agreements.

Key Figures

Shares sold: 4,419 shares Sale price: $230 per share Holdings after transaction: 113,988 shares +2 more

5 metrics

Shares sold 4,419 shares Open-market sale on June 16, 2026

Sale price $230 per share Price for 4,419 TTWO common shares sold

Holdings after transaction 113,988 shares Total reported holdings following sale

Unvested time-based RSUs 19,736 units Remain subject to time-based vesting

Unvested performance RSUs 93,212 units Vest based on performance conditions

Key Terms

Rule 10b5-1 trading plan, restricted stock units, performance-based restricted stock units, open-market sale

4 terms

Rule 10b5-1 trading plan financial

"Sale of shares pursuant to Rule 10b5-1 trading plan adopted on March 3, 2026."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

restricted stock units financial

"Includes (i) 1,040 shares of Common Stock, (ii) 19,736 unvested time-based restricted stock units and (iii) 93,212 unvested performance-based restricted stock units."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

performance-based restricted stock units financial

"Includes ... 93,212 unvested performance-based restricted stock units. Such unvested awards will vest, or fail to vest, in accordance with the terms of the applicable award agreements."

Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Emerson Daniel P

(Last) (First) (Middle)

C/O TAKE-TWO INTERACTIVE SOFTWARE, INC.

110 WEST 44TH STREET

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TAKE TWO INTERACTIVE SOFTWARE INC [ TTWO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/16/2026		S		4,419(1)	D	$230	113,988(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Sale of shares pursuant to Rule 10b5-1 trading plan adopted on March 3, 2026.

2. Includes (i) 1,040 shares of Common Stock, (ii) 19,736 unvested time-based restricted stock units and (iii) 93,212 unvested performance-based restricted stock units. Such unvested awards will vest, or fail to vest, in accordance with the terms of the applicable award agreements.

	/s/ Daniel Emerson	06/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did TTWO’s Chief Legal Officer report?

TTWO’s Chief Legal Officer Daniel P. Emerson reported selling 4,419 shares of common stock. The sale occurred on June 16, 2026 at a price of $230 per share in an open-market transaction.

Was the TTWO insider sale made under a Rule 10b5-1 plan?

Yes. The 4,419-share sale by TTWO’s Chief Legal Officer was conducted under a Rule 10b5-1 trading plan adopted on March 3, 2026, meaning the transaction was pre-scheduled rather than timed opportunistically.

How many TTWO shares does Daniel P. Emerson hold after the sale?

After the sale, Daniel P. Emerson’s reported holdings total 113,988 shares. This figure includes 1,040 common shares plus unvested restricted stock units that may vest later based on award conditions.

What unvested equity awards does the TTWO insider still have?

Post-transaction, Emerson holds 19,736 unvested time-based RSUs and 93,212 unvested performance-based RSUs. These restricted stock units will vest, or fail to vest, according to their specific award agreements.

What was the value per share in the TTWO insider’s stock sale?

The reported sale price was $230 per share for the 4,419 shares of TTWO common stock. This price applies to the open-market transaction disclosed in the Form 4 filing for June 16, 2026.